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Exam IIA-CFSA topic 5 question 96 discussion

Actual exam question from IIA's IIA-CFSA
Question #: 96
Topic #: 5
[All IIA-CFSA Questions]

Investors typically cannot ascertain the exact makeup of a funds portfolio at any given time, nor can they directly influence which securities the fund manager buys and sells or the timing of those trades. This is because of _______ in mutual funds.

  • A. Price uncertainty
  • B. Lack of control
  • C. Costs despite negative returns
  • D. All of these
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Suggested Answer: B 🗳️
by lolojepu at April 5, 2025, 8:52 p.m.

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